#71: How Stuff Works: Bitcoin 101

April 29, 2016

Over the last few years, bitcoin and other virtual currencies have become increasingly viable alternatives to traditional money. Yet for most people, bitcoin is still a pretty obscure subject. What exactly is bitcoin? How does the blockchain work? Who’s in charge? Where does it derive its value? What does it mean to mine bitcoin? Evan is joined by Michael Bombace, TechFreedom adjunct fellow, who sheds some light on the world of cryptocurrency in today’s episode.

Tech Freedom is a non-profit, non-partisan technology think tank launched in 2011. TechFreedom is excited about the future. Focusing on issues of Internet freedom and technological progress, we work to protect innovation and discovery from powers that fear change. Technology is the great driver of social progress and human well-being, and we aim to keep it that way.